Report: VoIP and SIP services to reach $3.9 billion in 2016
Posted by admin | Posted in How New Tech Products, Trends, and Tools | Posted on 08-07-2010
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A new report from Frost and Sullivan has some high hopes for VoIP and SIP services. The research firm has painted another rosy picture where IP communications rule. The firm sees VoIP and SIP Trunking services beating the market downturn and instead build on their previous growth.
According to the research firm’s ’North American VoIP Access and SIP Trunking Services Markets’ report, the market earned revenues of $717.3 million in 2009, but it could reach $3.9 billion in 2016. While most enterprise systems currently run on PBX with gateways, the firm believes the move to SIP would be inevitable as companies upgrade and deploy more complete unified communications (UC) solutions.
For more:
- read the TMC article

